Outcome of Postal Ballot with Scrutinizer Report.
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L.K. Mehta Polymers Limited conducted a postal ballot (e-voting) from 19 November 2025 to 19 December 2025 to seek shareholder approval for a Material Related Party Transaction with M/s Kamlesh Industries. Of the total 2,712,400 votes cast, 186,000 votes (6.86%) were in favor and none were against the ordinary resolution. However, 2,526,400 votes (93.14%) were classified as invalid because they were cast by the promoter and promoter group, who were barred from voting as interested parties in the related party transaction. Among all eligible (non-promoter) votes, 100% were in favor, and the scrutinizer (Mr. Neelesh Gupta, Practicing Company Secretary) confirmed the resolution passed with the requisite majority on 19 December 2025. E-voting was facilitated through CDSL.
The Material Related Party Transaction between L.K. Mehta Polymers and Kamlesh Industries is now formally approved by shareholders, clearing the way for the deal to proceed. This is a routine but mandatory step for related party transactions and reflects regulatory compliance; the resolution passed comfortably with all eligible non-promoter votes in favor, signaling no public shareholder dissent.